The whole of the £23 billion p.a. temporary recruitment industry is built on the concept of outsourcing. Payroll and personnel departments have disappeared as companies focus resources on their core business. At a first glance outsourcing can seem an added cost, but consider the following savings -

No more managerial overheads
No more hidden costs (e.g. holiday cover, sick cover, etc)
Save money by having an expert get it right first time
Replace your fixed costs with variable costs
Make more money from your core business by giving it your 100% knowing that the increased revenues from playing to your strengths more than pays for the cost of outsourcing

Once you have decided that outsourcing is strategically right for you, the next question is largely about alternatives. There are really just two main options. They are:

Split payroll from financial funding click here to find out more

Keep payroll with financial funding click here to find out more